Insider Buying: Angel Studios (NYSE:ANGX) Director Buys $443,567.44 in Stock

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz purchased 107,662 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $4.12 per share, with a total value of $443,567.44. Following the acquisition, the director owned 683,303 shares in the company, valued at $2,815,208.36. This trade represents a 18.70% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Angel Studios Trading Down 0.3%

NYSE ANGX opened at $4.36 on Monday. The firm’s 50 day simple moving average is $3.73 and its 200 day simple moving average is $3.38. The firm has a market capitalization of $813.34 million, a price-to-earnings ratio of -4.68 and a beta of -0.02. Angel Studios, Inc. has a 1 year low of $2.05 and a 1 year high of $20.39.

Angel Studios (NYSE:ANGX) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $111.71 million for the quarter. On average, equities research analysts forecast that Angel Studios, Inc. will post -0.37 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ANGX shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. B. Riley Financial reaffirmed a “buy” rating and issued a $8.00 price objective (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. Finally, Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.50.

Institutional Trading of Angel Studios

A number of hedge funds have recently added to or reduced their stakes in ANGX. AWM Investment Company Inc. acquired a new position in shares of Angel Studios during the second quarter worth $1,682,000. Cetera Investment Advisers lifted its stake in shares of Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after acquiring an additional 13,915 shares during the last quarter. OneAscent Financial Services LLC acquired a new stake in shares of Angel Studios during the 2nd quarter valued at $41,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after acquiring an additional 3,793 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Angel Studios during the 1st quarter worth $174,000. Institutional investors and hedge funds own 38.57% of the company’s stock.

Angel Studios Company Profile

Angel Studios, Inc is a media and entertainment company that develops, produces, distributes and licenses film and television content. The company uses a community-driven model through the Angel Guild, whose members help guide content decisions, and focuses on stories intended to “amplify light.” Angel Studios generates revenue from Guild memberships, theatrical releases, content licensing, merchandise, and its Pay It Forward model.

Angel Studios became publicly traded on the New York Stock Exchange under the ticker symbol ANGX in September 2025 following its business combination with Southport Acquisition Corporation, a special purpose acquisition company.